Real Estate

Palm Beach County homes are growing more valuable for the fourth year in a row. That's good news for residents' real estate investments, but could turn into bad news for many when their property tax bills arrive. Taxable values of the more than 600,000 local properties increased nearly 9 percent this year, totaling $152 billion countywide, according to estimates released Friday by County Property Appraiser Gary Nikolits. The continued, year-to-year increase in property values is a sign of the local economy recovering from steep declines during the Great Recession. But that can come with a cost at tax time. "They are always happy to see their investment improve ... but...

Related "Real Estate" Articles

Palm Beach County homes are growing more valuable for the fourth year in a row. That's good news for residents' real estate investments, but could turn into bad news for many when their property tax bills arrive.Taxable values of the more than 600,000...

A robust spring home selling season continued last month as more properties sold for higher prices across Palm Beach and Broward counties.Sales of existing single-family homes in Broward jumped 10 percent in April, to 1,465 from 1,334 a year earlier,...

It took less than a month for an oceanfront mansion in Delray Beach to sell for $12 million cash.
The five-bedroom home at 701 S. Ocean Blvd. has 120 feet on the water. The buyer was 701 S. Ocean Blvd. LLC, an entity headed by Thomas J. Campbell,...

The former Atlantic Antique Mall building in downtown Delray Beach has sold for $6.25 million.MROD Realty Corp. bought the 11,500-square-foot retail and office property at 602 E. Atlantic Ave. The seller was Antique Experience LLC.Starbucks and Cafe...

Home flipping declined across South Florida in the first quarter, but the region was still among the nation's most active for home flippers, a new report shows.
There were 882 flips in Palm Beach, Broward and Miami-Dade counties from January through...

A Courtyard by Marriott hotel in Coral Springs has changed ownership in a $6.92 million deal, according to property deeds filed in Broward County.
The seller of the 110-room hotel at 620 N. University Drive was Garrison Coral Springs Hotel Propco LLC.,...

Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, go to SunSentinel.com/askpro
Q: I booked a week-long rental of a beachfront condo through a...

Warehouses are the hottest thing in commercial real estate these days.Sustained growth in jobs, population and consumer confidence are driving expansion for contractors, building supply companies, food distributors and other businesses in need of...

Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, go to SunSentinel.com/askpro
Q: Who is responsible for the damage if a golf ball strikes a home...

Culinary
Joe Pavone has joined Signature Grand in Davie as director of banquet operations, along with Executive Chef David DeLeon. Pavone worked at the Grand Banquet Mansions on Long Island, The Breakers and Caesar's Palace in Las Vegas. DeLeon's...

Here's the thing with spring: It's prime time for selling homes.Palm Beach County totaled 1,687 sales of existing single-family homes last month, a 38 percent increase from March 2014, the Realtors Association of the Palm Beaches said Wednesday. It was...

A golf course estate at Palm Beach Polo Golf and Country Club in Wellington has sold at auction, though the price won't be revealed until the deal closes.
Plantinum Luxury Auctions said the price is nearly double the auction's $1.25 million reserve...

Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, go to SunSentinel.com/askpro
Q: We live in a nice neighborhood, and recently a neighbor a few...

Recognition
Jordan Zimmerman, founder of Fort Lauderdale-based Zimmerman Advertising, received the Horatio Alger Award at a ceremony in Washington, D.C. The honor is given to outstanding individuals throughout the country, recognizing their commitment to...

Building luxury homes without buyers in place is tricky in any kind of housing market, but Troy Dean Ippolito said he isn't sweating it.
Ippolito's firm, Trend Estates, plans to build five waterfront "spec" homes in the affluent Golden Isles...

This is about as far as you can get from dorm life.After a year of construction, University Park, an off-campus student housing complex, is due to open April 30 in Boca Raton.The 598-bed development at 135 N.W. 20th St. has plenty of perks to impress...

Ansca Homes says it has sold half of the 520 residences at Villaggio Reserve, an "active adult" community near Delray Beach.
Villaggio, a 55-and-over development, offers a mix of homes and villas on Hagen Ranch Road just north of Atlantic...

Palm Beach-based Menin Development paid $19.5 million for the George buildings in downtown Delray Beach.
The adjacent retail properties at 326 and 400 E. Atlantic Ave. total nearly 20,000 square feet. They had been owned by the George family since...